Massive drop in CSE. Businesses close early

The daily business operations of the Colombo Stock Exchange (CSE) today (03) concluded earlier, at 12.04 pm noon, mainly due to the dropping at S&P SL20 index by over 05 per cent.

Business operations at the CSE are automatically ceased for a period of 30 minutes when the S&P SL20 price index falls by more than 05 per cent.

Generally, the daily business operations at the CSE close at 12.30 pm noon and today the operations had to be concluded early given that there was not enough time to resume them in 30 minutes after the unexpected dropping at 12.04 pm.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

US Ambassador Warns Policy Instability is Choking Sri Lanka’s Investment Prospects

Sri Lanka’s efforts to attract foreign direct investment (FDI)...

Sri Lanka Bets on Export Revolution to Attract Global Investors

Sri Lanka is placing exports at the centre of...

Customs Revenue Surges Beyond Target as Vehicle Taxes Reshape State Finances

Sri Lanka Customs has crossed its 2026 revenue target...

Port City’s Billion-Dollar Promise Faces Investor Withdrawal Test

Colombo Port City’s ambition to transform Sri Lanka into...